1)Why is it important for an accountant to understand theirbusiness and industry as well as managements informational needs inaddition to knowing how to generate financial statements?
Note: You may use S&S as the context while answering thisquestion. However, please present your own examples.
2) You are likely using various forms of social media (e.g.,Twitter, Facebook). Please explore the idea of how would thisnon-financial information external to the company be of use? Whatother nonfinancial information would be useful? Could you think offinancial information that is external to the organization thatmight be useful to management as well?
please help me out!
